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Agent2Agent in Los Gatos : Real Estate Advice

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  • Local Info12
  • Home Buying40
  • Home Selling6
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Activity 5
Sun Dec 21, 2014
Cindy Davis answered:
Hi Dave,

You might ask the folks at your local association of Realtors. I found an accountant here in San Diego through my association.

Best of luck.
0 votes 1 answer Share Flag
Fri Dec 20, 2013
Mike Kenyon answered:
I would be more than happy to show you this property whenever you would like. Please let me know the best time for you to go see it
0 votes 3 answers Share Flag
Wed Jul 6, 2011
John Arendsen answered:
All the answers below are great suggestions. I'm sure that having just recently passed your RE brokers exam you're aware that you can also work for REITS, sell notes, list and sell manufactured home parks and developments and myriad other opportunities.

Personally, as a RE broker, general contractor and Manufactured Home Dealer and Developer, I love manufactured home projects and distressed property deals big or small, factory built or site built. And, as others have suggested, you can hang your license with another broker and partner up with someone who you have a common interest with. We'd be happy to meet with you about our niche. Good luck.
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Sun Jan 30, 2011
Terri Vellios answered:
I want to thank you all for your support. Update, I had tons of interest, calls and showings. Contractors would not touch the house. We finally received multiple offers, submitted the highest and best all cash offer. Went through months of negotiating and the bank countered back at a price way too high. The home needed $300,000 in repairs and MARKET value without repairs was under $500,000. They said they had a BPO for $585,000. We were not able to come to a meeting of the minds. The seller decided to just give the keys back to the bank. It went to foreclosure and now is a bank owned property.

At the time of foreclosure the seller moved and said it is so sad as the roof is now leaking so add to that $300,000 repairs - water intrusion.

So sad.
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0 votes 10 answers Share Flag
Thu Nov 12, 2009
Doris & Michael Wright answered:
Hello Kevin,
The subject of Land Banking just came up in Cleveland, where there are loads of abandoned homes in the downtown area. The homes would not benefit from repair funds....in truth they are just too far gone. The city is deciding about a land bank issue . They would end up with the property (home& land), raze the structure, and keep the land for a future project that benefits the area. Either selling land to developers down the road, or whatever the city planners come up with to benefit the neighborhood.

Obviously there a a lot of legal issues associated with this type of "taking", but most of us would agree that the boarded up, burnt out, crack houses would be better off missing from our city's landscape. Time to generate new neighborhoods, new hope, and jobs!
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